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Wire. Polls are razor tight. Will the debate be the Make Or Break moment . Were on it. Hi, everybody. First to Rich Edson in wisconsin where Donald Trump is set to speak any moment. Rich. Good morning, david. Theyre just letting the crowds in. Were in mosinee, wisconsin. Its a familiar setting for the president. Theyre doing the rally at a local airport and people are coming in next to the tarmac here. People started lining up a few hours ago, several hours ahead of former President Trumps address here. Were expecting several thousand people to come on in here and theres enough seats and space for all of them. When you talk about wisconsin, youre talking about the Blue Wall and what was really the key to the former presid ....
but no agreement was reached. here s what the leaders of both sides had to say following that high stakes meeting. we agreed to continue our discussions and we will meet again on friday. in the meantime, our staff will meet today and daily between now and then, and everyone in the meeting understood the risk of default. our economy would fall into a significant recession and it would devastate retirement accounts, increase borrowing costs, according to moody s nearly 8 million americans would lose theirjobs. everyone in this meeting reiterated the positions they were at. i did not see new movement. the president said staff would get back together, i was clear to the president. we have two weeks ago. president biden also said that it was possible he might call off his trip to asia if there is no breakthrough on the debt. ryan sweet is the chief us economist at oxford economics i spoke to him a little earlier and he says he s not surprised no deal was reached. this is g ....
but no agreement was reached. here s what the leaders of both sides had to say following that high stakes meeting. we agreed to continue our discussions and we will meet again on friday. in the meantime, our staff will meet today and daily between now and then, and everyone in the meeting understood the risk of default. our economy would fall into a significant recession and it would devastate retirement accounts, increase borrowing costs, according to moody s nearly 8 million americans would lose theirjobs. everyone in this meeting reiterated the positions they were at. i did not see new movement. the president said staff should get back together. i was clear to the president. we have two weeks to go. president biden also said that it was possible he might call off his trip to asia if there is no breakthrough on the debt. ryan sweet is the chief us economist at oxford economics. he says he s not surprised no deal was reached. this is going to be a game of political chi ....
Ryan sweet is the chief us economist at oxford economics i spoke to him a little earlier and he says he s not surprised no deal was reached. this is going to be a game of political chicken. they ll see which side bends first because both the republicans and democrats recognise that breaching the debt ceiling for this sustained basis is economically catastrophic and would be politically very damaging. when you talk about how damaging it is both for the economy and politics, it begs the question what will it take to get to a deal? is there any sense of how we might get to one in the next few weeks? so, as an economist, incentives matter. one incentive is if you start to see more of a reaction in financial markets, not only in the us but globally. i have been surprised we haven t seen more of a reaction in the us equity markets, but playing out a script, we have seen treasury ....
Breakthrough on the debt. ryan sweet is the chief us economist at oxford economics. he says he s not surprised no deal was reached. this is going to be a game of political chicken. they ll see which side bends first because both the republicans and democrats recognise that breaching the debt ceiling for a sustained basis is economically catastrophic and would be politically very damaging. when you talk about how damaging it is both for the economy and politics, it begs the question what will it take to get to a deal? is there any sense of how we might get to one in the next few weeks? so, as an economist, incentives matter. one incentive is if you start to see more of a reaction in financial markets, not only in the us but globally. i have been surprised we haven t seen more of a reaction in the us equity markets, but playing out a script, we have seen treasury bill rates that mature ....